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ITI secures ₹856 crore BSNL contract for 4G expansion

after close1 source ↓written by the desknot a recommendation

contract from Bharat
₹856.39 crore
across western India
4G mobile network
covering
7,613 sites
intraday high
₹302.40
project for BSNL's
₹2,640 crore

ITI Ltd. has won a ₹856.39 crore contract from Bharat Sanchar Nigam Ltd. to expand its 4G mobile network across western India, covering 7,613 sites. This contract adds to ITI's ongoing work on BSNL’s indigenous rollout, lifting ITI stock to an intraday high of ₹302.40.

This order is significant as it follows ITI's completion of a ₹2,640 crore project for BSNL's Phase IX.2 rollout, indicating strong momentum in the telecom sector. 📈

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 17 Jul 2026, 16:05 IST.

Sourcesnews.google.com

The market after the news

ITI closed −0.9% on the day of the news, from ₹284.50 to ₹281.80; Nifty −0.4% over the same session.

Bulletin at 16:05 IST on 17 Jul 2026. Every change is measured from ₹284.50, the last close before it, on 17 Jul. Nifty 50 is measured over the same sessions.

  • ITI close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
ITI closes around the bulletin against the close before the news, with Nifty 50 rebased to it248.77284.50320.23axis spans 29%before the news · 17 Jul284.50Nifty 50ITIbulletinD0+1+3+513 Jul23 Jul3 AugReference close ₹284.50. 16 sessions from 13 Jul to 3 Aug; the price axis spans 29 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before17 Jul₹284.50basebase
On the day20 Jul₹281.80▼ −0.9%▼ −0.4%−0.6 pp difference
+1 session21 Jul₹285.65▲ +0.4%▼ −0.6%+1.0 pp difference
+3 sessions23 Jul₹277.60▼ −2.4%▼ −1.9%−0.5 pp difference
+5 sessions27 Jul₹276.10▼ −3.0%▼ −1.4%−1.6 pp difference
Gap at the open, % · ₹
▼ −0.5%−1.51 on 20 Jul
Day's range, % · ₹
1.4%≈ 4.0 high to low
Volume on the day
0.30×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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